What is a Master of Business Administration?
Posted: June 12, 2020 | Author: Jason Lo | Read Time: 3 minutes
When you hear Master of Business Administration (MBA) program you might think it is just a typical master’s degree. However, graduates of MBA programs can apply what they’ve learned in the classroom to their chosen field in a variety of ways.
What is a Master of Business Administration program?
According to The Graduate Management Admission Council (GMAC), “an MBA is a generalist degree that covers a variety of business principles, such as accounting, economics, finance, and marketing."
MBA students apply classroom concepts to real-world projects and business functions. An MBA also gives students the change to learn from classmates and practical experience via group work and case studies. MBA graduates walk away with a comprehensive set of business and management skills that are applicable to a wide range of industries and career tracks.
Southern Utah University's MBA program produces prepared business leaders with the essential skills and knowledge to lead organizations in today’s environment. From multinational corporations to entrepreneurial start-ups, SUU’s MBA program graduates have a powerful foundation required to launch or enhance a productive career.
Flexible MBA Programs
Many students are looking for flexibility when choosing an MBA program. Being a fulltime, on-campus student is not an option for everyone. Students can choose to study full-time or part-time, on-campus, or online. They can also pace themselves to finish the program in as fast as three semesters (one year) or four semesters (two years). Or they can complete the program in as long as 6 years. The flexibility of this program can help you reach your goals, in a time frame that works best for you.
MBA programs also have flexibility in the area of study that will aid graduates in a future career. For example, at SUU you can choose an emphasis to focus on like business analytics or cybersecurity. SUU's MBA program offers opportunities for students to focus on marketing, finance, business analytics, leadership, and cybersecurity. These are completed by taking 2 to 4 elective classes.
Quality of Education
At this point, you might start to wonder: Does every MBA program offer the same quality of education and experience? The answer would be no. Among the many MBA programs, there will be differences in quality, cost, and flexibility. A great standard to evaluate a school’s MBA quality is AACSB Accreditation. AACSB has the strictest assessment standard and the lowest pass rate in the world -- less than 5% of over 15,000 business schools worldwide are qualified. Thus, AACSB Accreditation can prove the quality of the MBA program.
We hope that you now have a better understanding of what a master of business administration is and if it could be the right program for you. If you’re considering going into the field of business, consider getting an AACSB accredited MBA degree at SUU.
Affordability
If you choose SUU MBA, you can finish the entire 36 credit hour program For as little as $16,005 by taking it all online. The online MBA program at SUU is one of the most affordable online programs in the United States. For more details, check the SUU Tuition page.
For more details, visit SUU’s Master of Business Administration website or reach out to an admissions officer at 435-865-8665 or online@suu.edu.
Produced by SUU Graduate Studies
SUU's Graduate School draws from a prestigious heritage and allows students to pursue a quality education. The master's degree programs offer students the chance to further their professional and educational careers on campus or online.
Tags: School of Business Graduate Programs
